Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) fell 14.3% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 441,570 shares were traded during mid-day trading, an increase of 150% from the average session volume of 176,852 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Price Performance
The firm has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The firm has a market capitalization of C$5.50 million, a PE ratio of 1.05 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.
About Noble Mineral Exploration
Noble Mineral Exploration Inc, a junior exploration company, engages in the exploration and evaluation of mineral properties in Canada. The company primarily explores for nickel, cobalt, gold, copper, and PGM deposits. The company was formerly known as Ring of Fire Resources Inc and changed its name to Noble Mineral Exploration Inc in March 2012.
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